Tag: stocks
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Most equities rise after oil price plunge, US data in focus
HONG KONG: Stocks mostly rose on Wednesday (Sep 30) following a plunge in oil prices the previous day, while investors prepared for the release of crucial US inflation data later in the day.Both main crude contracts tumbled on Tuesday on lingering hopes for an eventual deal to end
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Oil down, but stocks lower as bond yields rise
NEW YORK: US and European stocks traded mainly lower Tuesday (Sep 29) despite oil prices retreating from a recent surge, as bond yields pushed higher and investors waited for key inflation data.The US 30-year Treasury yield touched 5.62 per cent, a level not seen for 24 years, while the be
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Stocks drop and oil rises as Hormuz hopes fade
HONG KONG: Asian stocks mostly fell and oil prices extended gains as hopes for a reopening of the Strait of Hormuz fade amid expectations that the Federal Reserve will hike interest rates again next month.Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran’s
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US stocks fall, bond yields rise as Middle East war drags on
NEW YORK: Wall Street stocks retreated Monday (Sep 28) as US Treasury yields continued to climb after US President Donald Trump rejected Iran’s offer of a seven-day truce.
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Global AI trade could revive after recent pullback, J.P. Morgan says
Sept 28 : The recent pullback in the global AI trade has improved investor positioning, made valuations attractive and could spur a re-engagement, particularly in semiconductor stocks, J.P. Morgan analysts said on Monday.Here are a few details:• “Tech may not return to past levels of success…still
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Wall Street stocks rise, greeting optimism over possible US-Iran deal
NEW YORK: Wall Street stocks bounced Friday (Sep 25) to finish a volatile week on a positive note, greeting a drop in oil prices on hopes for a US-Iran agreement that could lead to the reopening of the Strait of Hormuz.Markets weighed mixed signals from the UN General Assembly in New York
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Stocks fall on soaring bond yields, higher oil prices
NEW YORK: Stock markets fell Wednesday (Sep 23) as oil prices rose sharply and US bond yields jumped on inflation fears, with world leaders at the UN General Assembly offering little to suggest progress in ending turmoil in the Middle East.After several sessions of falls, the price of Nort
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NYSE and Blockchain.com to explore selling tokenised stocks
(Corrects to say Blockchain.com is a brokerage not an exchange, in first paragraph and third bullet point)By Elizabeth HowcroftSept 23 : The New York Stock Exchange and crypto brokerage Blockchain.com will together explore creating crypto versions of US-listed stocks, Blockchain.com said in a press r
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Oil prices retreat as markets welcome US-Iran talks
NEW YORK: Oil prices fell again Tuesday (Sep 22) as markets focused on the potential upside of renewed US-Iran diplomatic engagement while shrugging off a bellicose address by US President Trump at the United Nations.Global stocks were mixed, with the Nasdaq rising to a second straight record whi
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Global stocks rally on lower oil prices, US-China hopes
NEW YORK: Stock markets climbed on Monday (Sep 21), boosted by falling oil prices and positive signals from trade talks between Chinese and US officials over the weekend.Wall Street indices capped a buoyant day for global stocks with the Nasdaq piling on 2.3 per cent to finish at a fresh r
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